A blow-up doll economy (E1543)
In this episode of Keiser Report, Max and Stacy discuss the blow-up dolls and mannequins simulating activity at social distancing restaurants but helping to instill a creepy post-pandemic unease over the new normal. They compare that to our blow-up doll economy, where money printing also creates a creepy illusion of economic activity – one which the money velocity shows is all fake. In the second half, Max talks to Tyson Slocum of Public Citizen about the structural failures in the energy market which allowed for a negative oil price, and they discuss how the Saudis got played by retail ETF investors in America.
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